December 22, 2015

What to expect for 2016: Top predictions for the mining industry

Will commodities continue to “bump along the bottom” or is a recovery coming by mid-year? The jury is out.

December 22, 2015

China Gold International announces Jiama Mine expansion update and revises 2015 copper production guidance

The Company aims to restart the commissioning of Stage One in the second half of 2016. The construction of Stage Two is under way and is expected to be completed…

December 18, 2015

Fanya Metal Exchange founder gone missing

Exchange trading in minor metals including antimony, germanium, bismuth, wolfram and indium in Kunming China owes investors more than $6 billion.

December 17, 2015

Hope fades for 19 trapped coal miners in China

The site remained on fire on Thursday and the temperature inside the mine “could have reached 1,000 degrees” Celsius (over 1,600 Fahrenheit), according to rescue workers.

December 17, 2015

Goldman forecasts even more pain for iron ore

The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.

December 16, 2015

Myanmar’s jade trade turns frantic

Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, before a new government takes office next year.

December 16, 2015

Joy Global swings to loss, cuts dividend

The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.

December 15, 2015

The Chinese scramble to mine Africa

25-fold investment jump in less than a decade. That's how fast China's gaining control over Africa’s mining industry. And Beijing's only pushing harder now. 

December 13, 2015

Falling Chinese steel demand means more bad news for iron ore

The pain for iron ore producers is not expected to let up anytime soon, as numbers out of China indicate that steel demand is dropping.

December 10, 2015

China takes a big step forward

On November 30th the International Monetary Fund (IMF) announced that it would admit China's Renminbi currency, commonly known as the Yuan, to the select basket of reserve currencies that make…